Senior Loan Specialist

At BNY, our culture allows us to run our company better and enables you to grow and succeed. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is w bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

Job Summary:

We are seeking a Senior Loan Specialist to join the Credit Services Administration team in Pittsburgh, PA. This hybrid role supports syndicated loan administration and middle office portfolio management activities, with a focus on loan closings, credit agreement interpretation, facility setup, lifecycle management, regulatory support, and portfolio monitoring. This role is based in Pittsburgh with an expectation of 4 days onsite per week and standard hours of 8:30 AM-5:00 PM Eastern.

Key Responsibilities:

Syndicated Loan Closings:

Lead end-to-end syndicated loan closings, including condition precedent validation, funding coordination, lender allocations, and seamless onboarding of new deals

Credit Documentation Review:

Analyze and interpret credit agreements and related legal documentation to extract and validate key economic and structural terms such as rates, fees, covenants, maturities, and other deal attributes

Facility Setup & Lifecycle Management:

Own facility setup and maintenance across the loan lifecycle, including onboarding, amendments, waivers, extensions, repricings, restructurings, and related updates

Portfolio Monitoring:

Monitor assigned loan portfolios, reconcile activity across stakeholders, and support covenant compliance and ongoing portfolio administration

Stakeholder Coordination:

Work closely with lenders, loan operations, administrators, regulatory partners, and other internal business stakeholders across multiple platforms and lines of business

Regulatory & Quality Control Support:

Ensure data integrity, quality control, and compliance with internal procedures and applicable reporting requirements, including support for regulatory processes such as FR Y-14Q and 2052a

Cross-Functional Change Support:

Support migration to a new loan system by partnering with business teams on requirements gathering, testing, and stakeholder coordination

Cross-Training & Development:

Build expertise across different segments such as corporates, real estate, and financial institutions, with opportunity for broader cross-training over time

Qualifications:

• 2+ years of experience in loan agency, syndicated loans, middle office, credit administration, or a related financial services function
  
• Experience reading and interpreting credit agreements and other complex legal or lending documentation
  
• Strong understanding of the syndicated loan lifecycle, including closings, onboarding, maintenance events, and portfolio monitoring
  
• Strong analytical, organizational, and time management skills
  
• Ability to work effectively in a high-intensity, fast-paced environment with multiple priorities
  
• Strong communication skills and ability to collaborate across a broad set of internal and external stakeholders
  
• Proficiency with Microsoft Excel and the broader Microsoft Office Suite
  
• Bachelor's degree in Finance, Economics, Accounting, or Business Administration
  

Preferred Experience:

• 3-5 years of relevant loan agency experience supporting syndicated loans and complex documentation review
  
• Familiarity with

LSTA/LMA

standards and syndicated loan settlement or par loan trading processes

• Experience with workflow tools such as ClearPar / Markit
  

Why Join Us:

Join a collaborative Credit Services Administration team supporting complex syndicated loan activity in a highly visible middle office function. This role offers strong exposure to deal execution, portfolio monitoring, regulatory processes, and cross-functional partnership across lending, operations, and business teams. You'll work alongside experienced colleagues, receive hands-on training and shadowing, and have the opportunity to broaden your knowledge across multiple banking segments over time....Visit the Employer site for more details